Despite recent issues, cattle producers are holding steady right now.
One rancher says there is still money to be made, but notes it has been difficult.
“We continue to face extreme costs as it relates to fertilizer, of course, our insurance, and just anything you touch that’s in our space. Fortunately, good Lord willing, and that the creek doesn’t rise, we’ve got unbelievable markets right now,” said Carl Ray Polk.
Polk says his costs have risen consistently over the last few years. Market access has been a concern for some beef producers, with China now largely removed from the U.S. market.
Related Stories
Dr. Mark Svoboda with the National Drought Mitigation Center discusses a new global drought report and resources to help operations increase drought resilience.
Congress has just over a month of working days left for the year. Plan for uneven USDA service until funding is restored, and closely monitor Farm Bill talks, as avoiding Permanent Law before January 1 is the single biggest risk to markets and milk prices.
Mexico’s tougher, two-step treatment and added checkpoints are catching cases before they can spread—good news for producers near the border.
Harvest Builds As Logistics And Input Costs Shape Fall Decisions
Jack Daniel’s will end its Cow Feeder Program, which served around 100 livestock operations near the distillery, and redirect spent grains to its anaerobic digester.
Farm debt is climbing to record levels at ag banks, reflecting pressure on crop producers’ finances even as livestock and land values lend stability to the sector.
